Shares of Crius Energy Trust (TSE:KWH.UN) fell 3.2% during trading on Wednesday . The stock traded as low as C$8.83 and last traded at C$8.85. 210,594 shares were traded during trading, an increase of 21% from the average session volume of 173,867 shares. The stock had previously closed at C$9.14.
Several brokerages have recently commented on KWH.UN. Canaccord Genuity decreased their price objective on shares of Crius Energy Trust from C$11.50 to C$10.25 and set a “buy” rating on the stock in a research report on Monday, November 20th. Royal Bank of Canada upgraded shares of Crius Energy Trust from a “sector perform” rating to an “outperform” rating and set a C$11.00 price target on the stock in a report on Friday, November 3rd. Finally, Desjardins reduced their price target on shares of Crius Energy Trust from C$13.25 to C$12.75 in a report on Tuesday, October 24th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Crius Energy Trust has an average rating of “Buy” and an average target price of C$11.17.
The stock has a market capitalization of $520.47 and a P/E ratio of 31.79.
About Crius Energy Trust
Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
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